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Devon Energy Corporation $DVN Shares Sold by Korea Investment CORP
Korea Investment CORP decreased its stake in Devon Energy Corporation by 16.4% during the third quarter, selling 113,838 shares and retaining 582,120 shares valued at $20.41 million. Other institutional investors also adjusted their holdings, with Caldwell Trust Co, PFS Partners LLC, First Horizon Corp, Accredited Wealth Management LLC, and Ameriflex Group Inc. either purchasing new stakes or increasing existing ones. Devon Energy recently reported strong quarterly earnings, topping analyst estimates, and declared a quarterly dividend of $0.24 per share.